The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
001
:
GENERALLY
(Cite as: 3 V.S.A. § 2806)
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§ 2806. Barnwell Potential Liability Fund
(a) There is hereby created a Barnwell Potential Liability Fund in the State Treasury.
The Fund shall be separately maintained and accounted for by the State Treasurer and
administered by the Agency of Natural Resources. Expenditures from the Fund shall
be made after obtaining approval of the Attorney General, for the purpose of paying:
(1) any final determinations of liability, or negotiated settlements, on the part of the
State or of any agency, subdivision, or entity of the State, arising out of activities
under any interstate agreement, relating to the Southeast Compact Commission’s regional
facility in Barnwell County, South Carolina, ratified, adopted, or approved according
to the requirements of 1990 Acts and Resolves No. 296, Sec. 2; and
(2) any costs of the State or of any agency, subdivision, or entity of the State, related
to the process of determining liability or the process of arriving at a negotiated
settlement.
(b) All interest earned by the Fund shall remain in the Fund and shall not revert to the
General Fund.
(c) The Fund shall be in the form of cash sufficient to provide protection to the State
in the amount of $50,000.00 in 1994 dollars. The monies shall be provided by no later
than January 1, 2012, or six months prior to the time the largest generator ceases
to exist, whichever comes first, by the generators of low-level radioactive waste
who are authorized to use the Barnwell facility under the contract for access, approved
by the General Assembly for the period from January 1, 1993 through June 30, 1994,
in proportion to the amounts of waste to be disposed of at the facility during the
term of the interstate agreement. If the Secretary determines that the level of protection
provided under this section is not adequate, the Secretary shall make appropriate
recommendations to the General Assembly. (Added 1993, No. 76, § 4.)